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LO 5 MBC E5.15 Consolidated Cash from Operations Consider the following information from Practel Corpora- tion's consolidated financial statements for 2020: Net income.. Net income
LO 5 MBC E5.15 Consolidated Cash from Operations Consider the following information from Practel Corpora- tion's consolidated financial statements for 2020: Net income.. Net income attributable to Practel Depreciation expense. Amortization expense. Loss on sale of plant assets.. Equity method investment income.. Cash dividends received from equity method investment. Increase in receivables... Decrease in inventory... Decrease in current operating liabilities.. $25,000,000 24,600,000 8,000,000 2,000,000 500,000 200,000 80,000 600,000 900,000 100,000 Required Use the above data to prepare the operating cash flow section of Practel's consolidated statement of cash flows for 2020, using the indirect method
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